HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Start small with Ring of Fire infrastructure: Noront CEO

Noront can also look past the nickel ore mine to producing chromite for the next 20 or perhaps 50 years if they can get hold of more chromite assets or find more.

Do not sell Noront short. While I still have some reservations about Noront management, in no way will I not give them credit for not looking past the next 10+ years.

Cheers. ed.

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